Germany-Based Retailer Lidl Invests $202 Million On U.S. Headquarters-Distribution Hub In Virginia
“The market opportunities, depth of the talented job force and strategic location that Virginia provides presents an incredible opportunity for Lidl to launch its expansion into the United States,” said Brendan Proctor, President/CEO for Lidl US. “We want to thank Governor Terry McAuliffe, as well as the teams in Arlington and Spotsylvania, who recognized Lidl’s potential and worked with us to bring Lidl to the area.”
The Virginia Economic Development Partnership worked with Arlington County and Spotsylvania County to secure the project for the Commonwealth. Governor McAuliffe approved a total of $5 million in grants from the Governor’s Opportunity Fund to assist both Arlington County and Spotsylvania County with the project.
The Governor also approved $2 million in funds from the Virginia Economic Development Incentive Grant. VEDIG was established as a self-funded program of performance-based incentives that the Commonwealth awards to exceptional economic development projects with large numbers of employees and very high wages relative to average wages for that particular area. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
Governor Terry McAuliffe said, “I was thrilled to meet with Lidl’s company leaders in Germany today to close this tremendous deal. This is a significant win for Arlington County and Spotsylvania County, and the jobs and economic activity it will generate will contribute directly to my administration’s work building a new Virginia economy. Lidl’s investment demonstrates Virginia’s ability to attract companies from all over the globe.”
“We are excited to have another international company choose Virginia as its gateway to the United States,” said Maurice Jones, Virginia Secretary of Commerce and Trade. "Attracting global companies to the Commonwealth is a huge part of our strategy to grow and diversify Virginia’s economy. Lidl’s announcement is a great testament to the many assets Virginia offers companies around the world. We have outstanding talent, strong infrastructure, a pro-business climate and great incentives, making the Commonwealth a great place for business. We look forward to continuing the partnership with Lidl for years to come.”
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